⬆️How to stake
This guide walks you through the process of staking your tokens using Accumulated Finance, with Metamask as the example wallet. However, the steps outlined here will also work with any compatible wallet supported on the Accumulated Finance platform. Ensure your wallet is connected and funded before proceeding.. Please ensure your Metamask wallet is connected and funded before proceeding.
Step 1: Minting Liquid Staking Tokens (stTOKEN)
Navigate to the Accumulated Finance platform.
Access the Mint tab from the dashboard.
Enter the amount of the underlying token you wish to convert into stTOKEN.
Click the Mint button.
Confirm the transaction in your Metamask wallet.
Once the transaction is completed, proceed to the next step.
Step 2: Staking Your stTOKEN
Go to the Stake tab on the platform.
Input the amount of stTOKEN you want to stake.
Click Approve to authorize the staking contract to spend your tokens.
Confirm the spending cap for your tokens in Metamask by clicking Next.
Approve the transaction in your Metamask wallet.
Click the Stake button on the platform.
Confirm the staking transaction in Metamask when prompted.
Step 3: Reviewing Your Staked Assets
After staking, navigate to the staking dashboard. Here, you can view:
Your current staked balance in stTOKEN.
The estimated daily rewards earned in the underlying token.
The equivalent USD value of your staked assets.
Congratulations! You now possess wstTOKEN, which you can use across the ecosystem while earning auto-compounded APY from your staked tokens.
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